The most amusing point about the "infernally-insular" debate on whether IFA or restricted is best, according to Openwork head of strategy Campbell Macpherson, is that the people who ultimately pay advisers' wages couldn't care less.
Surveys that purport to proclaim that customers prefer "independent" advisers are misleading, and often deliberately so. Asking a consumer whether they would prefer to deal with an "independent" adviser...
From August next year
RDR brought sweeping changes to adviser charging
A quarter (26%) unwilling to pay fees
Research by Grant Thornton
The right culture is essential...
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
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